Islamabad, June 28, 2025 – The Federal Board of Revenue (FBR) has announced a remarkable increase in tax collection on foreign payments made through debit and credit cards, reporting nearly a five-fold surge during the tax year 2024.
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Pakistan Revenue delivers the latest taxation news, covering income tax, sales tax, and customs duty. Stay updated with insights on tax policies, regulations, and financial developments in Pakistan.
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Anomalies committee chief raises alarm over FBR negligence
Karachi, June 28, 2025 – Ehsan Malik, Chairman of the Finance Bill 2025 Anomalies Committee (Business), has sounded the alarm over what he described as “unprecedented negligence” and “utter disrespect” shown by top Federal Board of Revenue (FBR) officials.
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FBR launches crackdown on solar energy sector
KARACHI – In a decisive move to tighten tax compliance within Pakistan’s rapidly expanding renewable energy sector, the Federal Board of Revenue (FBR) has deployed its officers to monitor the sales activities of leading solar energy companies.
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LTO Karachi recovers Rs31 billion by freezing bank accounts
Karachi, June 27, 2025 – In an aggressive and highly effective move, the Large Taxpayers Office (LTO) Karachi has recovered a record-breaking Rs31 billion in outstanding taxes by freezing the bank accounts of major defaulters.
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FBR revises method for fixing cement retail price for sales tax
Islamabad, June 27, 2025 – The Federal Board of Revenue (FBR) has issued a new directive significantly altering how the minimum retail price of cement will be determined for sales tax purposes.
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SBP issues banking schedule for fiscal year-end tax collection
Karachi, June 27, 2025 — The State Bank of Pakistan (SBP) has released a comprehensive banking schedule aimed at facilitating the collection of government duties and taxes at the end of the fiscal year 2024–25.
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WHO warns Pakistan’s FED freeze to boost cigarettes consumption
ISLAMABAD – The World Health Organization (WHO) has issued a stark warning following the Federal Cabinet’s decision to keep Federal Excise Duty (FED) rates on cigarettes unchanged in the 2025–26 federal budget.
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NA approves revised income tax regime for salaried persons
ISLAMABAD – In a landmark fiscal development, lawmakers have officially approved a new income tax structure specifically targeting salaried persons, aimed at creating a more progressive and equitable taxation framework.
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New customs tariff slabs to take effect from July 1, 2025
ISLAMABAD – In a sweeping overhaul of the import duty regime, the government has revised Customs laws through amended Finance Bill, 2025 to implement a revised structure of tariff slabs, effective from July 1, 2025. The move is part of a broader tariff rationalization plan aimed at streamlining import costs, encouraging trade, and aligning with global best practices.
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FBR committee to regulate property transactions under sales tax
ISLAMABAD – In a significant move to tighten tax compliance, the Federal Board of Revenue (FBR) will now form a dedicated committee to oversee property transactions involving individuals who are not registered under the Sales Tax Act, 1990. This committee will have the authority to recommend whether to impose or lift a bar on the transfer of immovable property in such cases.
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